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Chefs' Warehouse, Inc.（CHEF）与Masco（MAS）财务数据对比。点击上方公司名可切换其他公司
Masco的季度营收约是Chefs' Warehouse, Inc.的1.7倍（$1.9B vs $1.1B），Masco净利率更高（11.9% vs 1.9%，领先10.0%），Chefs' Warehouse, Inc.同比增速更快（10.5% vs 6.5%），过去两年Chefs' Warehouse, Inc.的营收复合增速更高（14.3% vs -4.2%）
Chefs' Warehouse, Inc. 是一家北美专业食品分销商，服务对象包括独立餐厅、高端餐饮场所、酒店、餐饮服务商等食品服务运营商，供应超15万种精选产品，涵盖手工食材、特色肉类、海鲜、乳制品、进口高端美食等，适配专业厨师的使用需求。
美国家居建材企业Masco主营家装及新建住宅市场相关产品，旗下拥有20余家子公司，在全球运营近80座生产工厂，其中美国本土近60座，海外地区超20座。公司1969年于纽交所挂牌上市，后实现快速增长，成功跻身美国财富500强榜单。
CHEF vs MAS — 直观对比
营收规模更大
MAS
是对方的1.7倍
$1.1B
营收增速更快
CHEF
高出4.0%
6.5%
净利率更高
MAS
高出10.0%
1.9%
两年增速更快
CHEF
近两年复合增速
-4.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.9B |
| 净利润 | $21.7M | $228.0M |
| 毛利率 | 24.2% | 35.8% |
| 营业利润率 | 3.8% | 16.5% |
| 净利率 | 1.9% | 11.9% |
| 营收同比 | 10.5% | 6.5% |
| 净利润同比 | -9.4% | 14.5% |
| 每股收益（稀释后） | $0.50 | — |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CHEFMAS
| Q1 26 | — | $1.9B | ||
| Q4 25 | $1.1B | $1.8B | ||
| Q3 25 | $1.0B | $1.9B | ||
| Q2 25 | $1.0B | $2.1B | ||
| Q1 25 | $950.7M | $1.8B | ||
| Q4 24 | $1.0B | $1.8B | ||
| Q3 24 | $931.5M | $2.0B | ||
| Q2 24 | $954.7M | $2.1B |
净利润CHEFMAS
| Q1 26 | — | $228.0M | ||
| Q4 25 | $21.7M | $165.0M | ||
| Q3 25 | $19.1M | $189.0M | ||
| Q2 25 | $21.2M | $270.0M | ||
| Q1 25 | $10.3M | $186.0M | ||
| Q4 24 | $23.9M | $182.0M | ||
| Q3 24 | $14.1M | $167.0M | ||
| Q2 24 | $15.5M | $258.0M |
毛利率CHEFMAS
| Q1 26 | — | 35.8% | ||
| Q4 25 | 24.2% | 33.9% | ||
| Q3 25 | 24.2% | 34.2% | ||
| Q2 25 | 24.6% | 37.6% | ||
| Q1 25 | 23.8% | 35.8% | ||
| Q4 24 | 24.3% | 34.8% | ||
| Q3 24 | 24.1% | 36.6% | ||
| Q2 24 | 24.0% | 37.5% |
营业利润率CHEFMAS
| Q1 26 | — | 16.5% | ||
| Q4 25 | 3.8% | 13.8% | ||
| Q3 25 | 3.8% | 15.8% | ||
| Q2 25 | 3.9% | 20.1% | ||
| Q1 25 | 2.4% | 15.9% | ||
| Q4 24 | 4.5% | 15.9% | ||
| Q3 24 | 3.4% | 18.0% | ||
| Q2 24 | 3.5% | 19.0% |
净利率CHEFMAS
| Q1 26 | — | 11.9% | ||
| Q4 25 | 1.9% | 9.2% | ||
| Q3 25 | 1.9% | 9.9% | ||
| Q2 25 | 2.1% | 13.2% | ||
| Q1 25 | 1.1% | 10.3% | ||
| Q4 24 | 2.3% | 10.0% | ||
| Q3 24 | 1.5% | 8.4% | ||
| Q2 24 | 1.6% | 12.3% |
每股收益（稀释后）CHEFMAS
| Q1 26 | — | — | ||
| Q4 25 | $0.50 | $0.81 | ||
| Q3 25 | $0.44 | $0.90 | ||
| Q2 25 | $0.49 | $1.28 | ||
| Q1 25 | $0.25 | $0.87 | ||
| Q4 24 | $0.56 | $0.85 | ||
| Q3 24 | $0.34 | $0.77 | ||
| Q2 24 | $0.37 | $1.17 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $121.0M | — |
| 总债务越低越好 | $720.3M | $2.9B |
| 股东权益账面价值 | $604.3M | $27.0M |
| 总资产 | $2.0B | $5.2B |
| 负债/权益比越低杠杆越低 | 1.19× | 109.07× |
8季度趋势，按日历期对齐
现金及短期投资CHEFMAS
| Q1 26 | — | — | ||
| Q4 25 | $121.0M | $647.0M | ||
| Q3 25 | $65.1M | $559.0M | ||
| Q2 25 | $96.9M | $390.0M | ||
| Q1 25 | $116.5M | $377.0M | ||
| Q4 24 | $114.7M | $634.0M | ||
| Q3 24 | $50.7M | $646.0M | ||
| Q2 24 | $38.3M | $398.0M |
总债务CHEFMAS
| Q1 26 | — | $2.9B | ||
| Q4 25 | $720.3M | $2.9B | ||
| Q3 25 | $711.7M | — | ||
| Q2 25 | $690.2M | — | ||
| Q1 25 | $681.1M | — | ||
| Q4 24 | $688.7M | $2.9B | ||
| Q3 24 | $666.6M | — | ||
| Q2 24 | $660.8M | — |
股东权益CHEFMAS
| Q1 26 | — | $27.0M | ||
| Q4 25 | $604.3M | $-185.0M | ||
| Q3 25 | $576.6M | $-78.0M | ||
| Q2 25 | $557.7M | $-84.0M | ||
| Q1 25 | $541.6M | $-254.0M | ||
| Q4 24 | $537.6M | $-279.0M | ||
| Q3 24 | $480.3M | $-88.0M | ||
| Q2 24 | $461.9M | $-26.0M |
总资产CHEFMAS
| Q1 26 | — | $5.2B | ||
| Q4 25 | $2.0B | $5.2B | ||
| Q3 25 | $1.9B | $5.3B | ||
| Q2 25 | $1.9B | $5.3B | ||
| Q1 25 | $1.8B | $5.1B | ||
| Q4 24 | $1.9B | $5.0B | ||
| Q3 24 | $1.8B | $5.3B | ||
| Q2 24 | $1.7B | $5.4B |
负债/权益比CHEFMAS
| Q1 26 | — | 109.07× | ||
| Q4 25 | 1.19× | — | ||
| Q3 25 | 1.23× | — | ||
| Q2 25 | 1.24× | — | ||
| Q1 25 | 1.26× | — | ||
| Q4 24 | 1.28× | — | ||
| Q3 24 | 1.39× | — | ||
| Q2 24 | 1.43× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $73.9M | — |
| 自由现金流经营现金流 - 资本支出 | $65.8M | — |
| 自由现金流率自由现金流/营收 | 5.8% | — |
| 资本支出强度资本支出/营收 | 0.7% | 1.8% |
| 现金转化率经营现金流/净利润 | 3.41× | — |
| 过去12个月自由现金流最近4个季度 | $87.8M | — |
8季度趋势，按日历期对齐
经营现金流CHEFMAS
| Q1 26 | — | — | ||
| Q4 25 | $73.9M | $418.0M | ||
| Q3 25 | $-8.7M | $456.0M | ||
| Q2 25 | $14.5M | $306.0M | ||
| Q1 25 | $49.6M | $-158.0M | ||
| Q4 24 | $73.0M | $407.0M | ||
| Q3 24 | $19.8M | $416.0M | ||
| Q2 24 | $29.3M | $346.0M |
自由现金流CHEFMAS
| Q1 26 | — | — | ||
| Q4 25 | $65.8M | $371.0M | ||
| Q3 25 | $-19.7M | $415.0M | ||
| Q2 25 | $4.5M | $270.0M | ||
| Q1 25 | $37.2M | $-190.0M | ||
| Q4 24 | $64.6M | $351.0M | ||
| Q3 24 | $11.8M | $378.0M | ||
| Q2 24 | $13.3M | $303.0M |
自由现金流率CHEFMAS
| Q1 26 | — | — | ||
| Q4 25 | 5.8% | 20.7% | ||
| Q3 25 | -1.9% | 21.6% | ||
| Q2 25 | 0.4% | 13.2% | ||
| Q1 25 | 3.9% | -10.5% | ||
| Q4 24 | 6.3% | 19.2% | ||
| Q3 24 | 1.3% | 19.1% | ||
| Q2 24 | 1.4% | 14.5% |
资本支出强度CHEFMAS
| Q1 26 | — | 1.8% | ||
| Q4 25 | 0.7% | 2.6% | ||
| Q3 25 | 1.1% | 2.1% | ||
| Q2 25 | 1.0% | 1.8% | ||
| Q1 25 | 1.3% | 1.8% | ||
| Q4 24 | 0.8% | 3.1% | ||
| Q3 24 | 0.9% | 1.9% | ||
| Q2 24 | 1.7% | 2.1% |
现金转化率CHEFMAS
| Q1 26 | — | — | ||
| Q4 25 | 3.41× | 2.53× | ||
| Q3 25 | -0.46× | 2.41× | ||
| Q2 25 | 0.68× | 1.13× | ||
| Q1 25 | 4.82× | -0.85× | ||
| Q4 24 | 3.05× | 2.24× | ||
| Q3 24 | 1.41× | 2.49× | ||
| Q2 24 | 1.89× | 1.34× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CHEF
| Center Of The Plate Product | $459.1M | 40% |
| Dry Goods Product | $175.7M | 15% |
| Pastry Product | $160.5M | 14% |
| Produce | $147.9M | 13% |
| Cheese And Charcuterie Product | $75.3M | 7% |
| Dairy And Eggs Product | $69.2M | 6% |
| Oils And Vinegar Product | $32.4M | 3% |
| Kitchen Supplies Product | $22.4M | 2% |
MAS
暂无分部数据
